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The Hardware Entrepreneur

“Software eats the world”, as one famous investor once said it. However, our Earth runs on resources and is based on atoms rather than bits. Our true progress therefore depends mainly on our producing, selling innovative physical products, that is hardware. Hardware is...different. Challenges abound in designing, manufacturing, getting funding, hiring, innovating, delivering to the customers. Resources are scattered around and only a few exist. Where do you get real, practical knowledge? This podcast is the first one for hardware entrepreneurs, where hardware entrepreneurs are interviewed from around the world, exceptional persons who founded startups or small and medium-sized enterprises. This show is for you with a desire to found and run a company in a global environment. Learn first-hand from hardware entrepreneurs who have already gone through the ups and downs of the business. During each episode the INDIVIDUAL stories are uncovered, following up with an ULTRAFAST round of questions at the end. Bringing you these stories is entrepreneur and cosmopolitan, Balint Horvath, based in Switzerland, the land of green pastures and fresh ideas.
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Now displaying: April, 2018
Apr 25, 2018

In this episode I wanted to give you an overview on an essential topic that can make or break your business - the chosen business model.

My goal now is to give you an overview of two major business models, B2C (Business to Consumers) and B2B (Business to Business) with all its pros and cons. I approach this topic based on my own recent experiences that you will learn about, as well as based on interviewing many entrepreneurs; lastly by relying on some good old logic. I will also make an announcement in this episode which will serve as pillars to this episode on what I have to share about B2B vs B2C.

I think this is an important topic that I wanted to write and talk about for a long time, so please enjoy.

Raw transcript is available at: https://www.thehardwareentrepreneur.com

Show highlights can be seen below:

  • An announcement to make, a distinction to clarify and lessons to share - [0:44]
  • What do you do when a constellation happens? - [2:11]
  • A crash course in b2b and b2c – pros and cons illustrated with examples - [5:14]
  • Trends, connections and overlap in Silicon Valley - [10:08]
Apr 11, 2018

My guest this time was Gregory Inauen of the ETH Entrepreneur Club in Zurich, the youngest individual on this podcast so far.

Well, why having a student on the show? I think we should talk not only about people who have acquired a lot of success, but also about the upcoming generation. I’ve known Gregory for about a year now and by bringing him onto the show I wanted to show how a student-run organization that cared about entrepreneurship is run. Moreover, he’s from the Zurich where I also live which is another reason to feature him on the podcast, so this way we could describe the local ecosystem here.

Some hardware topics do come up in this episode, but we wanted to focus more on entrepreneurship from students’ perspective. Gregory talked about the 3 pillars of how they want to reach their mission, highlights of his time with Entrepreneur Club that includes speed-dating and how someone managed to land a CEO position this way. He also talked about the startup ecosystem in Switzerland and some specialties of Switzerland, e.g. craftmanship which has been attracting worldwide attention recently because of its uniqueness and effectivity.

Enjoy this episode!

Raw transcript is available at: https://www.thehardwareentrepreneur.com

Show highlights can be seen below:

  • The youngest podcast guest so far and his story about ETH Entrepreneur club’s mission - [2:32]
  • Inspiring highlights from ETH Entrepreneur Club - [6:52]
  • How has a global movement attracted tremendous attention in Switzerland? - [11:01]
  • Why is university not enough when you want to be an entrepreneur? - [13:45]
  • The Swiss hardware startup ecosystem, its advantages and relation to the universities - [16:03]
  • Key points that differentiate ETH Entrepreneur Club from other similar clubs worldwide - [18:40]
  • If you could time travel into the future, what would you give yourself? – [22:42]
  • Which book had the biggest impact on his career? – [24:13]
  • Gregory’s morning fueling routine – [25:05]
  • Challenges that Gregory had to overcome throughout his experience with the Entrepreneur Club – [26:04]
  • What is the best way to reach Gregory? – [28:02]
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